Student Loan Payoff Calculator

Loan Amount:
Loan Amount
Term (months)
Term, in months
Interest Rate
Interest Rate
Want to see how making additional payments speeds up your payoff date and saves you money?
Additional Payment
Additional Payment

Interest

Principal

Total

How much time am I saving?
How much money is it saving me?
Show Amortization Schedule
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Notes & Assumptions: We do not account for pre vs post tax savings. We don’t know what the tax rates will be in the future. Annual Returns vary.